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Stock Market & Financial Investment News

News Breaks
February 10, 2014
11:31 EDTCARAvis Budget launches Avis Direct used car sales program
Avis Budget Group introduced Avis Direct, a used car sales program exclusively for licensed automobile dealers. The initiative offers dealers a selection of late-model, off-rental vehicles for purchase from Avis, Budget, Payless and Zipcar with no enrollment or purchase fees, the company said.
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August 25, 2015
16:26 EDTCARZipcar acquires fleet management firm Local Motion
According to a message posted on the Local Motion website, Avis Budget's Zipcar has acquired the fleet management startup. "Zipcar and Local Motion have a lot in common. We share a commitment to provide an exceptional experience for our users and we see car sharing as the future of mobility," reads the Local Motion website. Terms of the transaction were not disclosed. Reference Link

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